Using the AAI method to calculate depreciation and the question 4 information, what is the depreciation part of the machines ownership cost?

4. Asphalt Pavers, Inc. purchases a loader to use at its asphalt plant. The purchase price delivered is $235,000. Tires for this machine cost $24,000. The company believes it can sell the loader after seven years (3,000 hr/yr) of service for $79,000. There will be no major overhauls. The company's cost-of capital is 6.3%. What is the depreciation part of this machine's ownership cost? Use the time value method to calculate depreciation. ($9.236/hr) 4. Asphalt Pavers, Inc. purchases a loader to use at its asphalt plant. The purchase price delivered is $235,000. Tires for this machine cost $24,000. The company believes it can sell the loader after seven years (3,000 hr/yr) of service for $79,000. There will be no major overhauls. The company's cost-of capital is 6.3%. What is the depreciation part of this machine's ownership cost? Use the time value method to calculate depreciation. ($9.236/hr)